Binance Will Not Take License for a Collective Investment Fund
Binance, the world's largest crypto exchange, has decided not to seek a license to operate a collective investment fund in Abu Dhabi
BV Investment Management, Binance's UAE unit, has withdrawn the application it filed with Abu Dhabi's Financial Services Regulatory Authority last Nov
Recently, Binance had to go through a lot of troubles, which also included the resignation of the exchange's founder Changpeng Zhao from the post of CEO